Post by
TheMerlion on Feb 05, 2014 9:48am
Poor results and declining grades
Not good results and these where from the northern area which was expected to produce higher grades hence the focus on this area.
More low grade at depth with even some holes failing to encounter any mineralisation.
The Merlion has been correct so far and continues to be.
There has been not $0.20 by January as the PUMPERS lead you to believe and now more poor grades at depth from an area expected to produce better grades.
I knew it and the PUMPERS have yet again made complete fools of themselves.
I note that the main PUMPER, TESTFREAK, is PUMPING other stocks now after he has been proven incorrect here and humiliated here.
He say his next target is $0.50 by May 2014. Not a chance in the world and this is another milestone where he will be humiliated.
By the way, where is that Chinapintza update that Nassau claimed the management had inform him of or was that just more nonsense.
Comment by
ThunderStock on Feb 05, 2014 10:08am
It is normal for the grade decreases when the wells are on the side of your target and too deep. In this way they can make their 3D modeling with precision not dig into the sterile minerals when they will extract the gold ore and copper. The most important thing is that the overall resources remains exactly the same as they evaluated and proven.
Comment by
McColgan1 on Feb 05, 2014 10:58am
Oh look, the shorter, ANDY WILSON is back. Missed ya DUMPER. I was thinking you had found something better to try and get, but glad to see EGX is still scaring you! Lol!
Comment by
SizzlinSteaks on Feb 05, 2014 11:09am
This does not change the fact that the company has a massive indicated and inferred resource. Any additional finds only adds to the current resource. Still awaiting that PEA which I'm sure will put a massive pricetag on EGX.
Comment by
Russmov on Feb 05, 2014 11:12am
I know it would only be speculation and an opinion but what would your definition of "massive pricetag" be?